JULY 7th, 4:04pm: The signing is official, the team announced via press release.
Williams, 32, appeared in 65 games for Dallas in 2015/16 after signing as a free agent following his buyout in Brooklyn. He averaged 14.1 points and 5.8 assists per night.
Last month, Williams opted out of his contract, which would have paid him $5,621,026 next season. He and J.J. Barea will handle the point guard duties for Dallas next year, but it’s uncertain whether free agent Raymond Felton will be back to join them.